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411 University St, Seattle

Dunwoody Georgia: Asking $200,000.00

80% CASH

2 1/2 Day Work Week Gives Enormous Room For Growth

*Banner Numbers Below Are August 2022 – July 2023

Chiropractic Practice For Sale Dunwoody Georgia

*The following practice information was supplied on August 2023

This thriving, well appointed practice has been serving the Dunwoody Georgia community for the past thirty three years. The 2,070sq. ft. clinic is located in a professional building in excellent condition with adequate parking. This practice enjoys hundreds of 5 star google reviews. The rent on the clinic would be $3,722.00 per month.  All equipment and furnishings to be sold with the practice are valued at approximately $35,000.00. The clinic does not have EHR. There is on site digital X Ray. Tables are Bench. 

Dunwoody is a city located in DeKalb County, Georgia. As a northern suburb of Atlanta, Dunwoody is part of the Atlanta metropolitan area and all that it has to offer. Dunwoody Georgia has a population of 49,649 with 786,129 in the surrounding DeKalb County, Georgia.  

During the last 12 months, this practice averaged 10 new patients per month and 151 monthly office visits. This puts the patient visit average at 15. For the same 12 months the practice averaged $24,874.00 in monthly services rendered and $19,558.00 in monthly collections. This puts the collection percentage at 78%. The average patient visit is $130.00.

The current doctor wishes to sell in order to retire. 

All fees are commensurate with others in the area. There are NO receivables figured into any of our formula but these may be purchased at closing for an additional amount of money if both buyer and seller agree.



The current doctor describes this as a family practice offering full chiropractic care and physical therapy.


Chiropractic techniques of choice are Activator and Impulse. 

The clinic currently employs one front desk/chiropractic assistant. The doctor states that they do not have any malpractice suits, insurance audits or board charges active or currently pending. The doctor does pay themself a salary, but that salary is not included in the monthly overhead that would accrue to the buyer. 



The average monthly overhead is approximately $7,037.00. 

New patients are primarily gained through:
5% Patient referrals  
1% MD
5% Ads 
89% Other

The practice is: 
   
78% Cash
2% Medicare
        
10% Personal Injury
10% Major Med

The doctor participates with most local 
insurance programs.

Current office hours are:
8:30am until 6:30pm Monday and Wednesday.
8:30am until 3:30pm Friday.
The practice is closed on the remaining days.

INCOME:
2021- $253,039.00
2022- $241,228.00
2023 projected – $247,966.00
3 year average= $247,411.00

Disclaimer:  Premier Practice Consultants is strictly a consultant/representative. All the information provided for any practice has not been subject to an audit. All information has been furnished entirely by the seller. It is solely the responsibility of a buyer to seek professional, legal or financial advice to confirm any information provided. Premier Practice Consultants, LLC., is a consultant and does not accept any liability for accuracy.